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" ... the bills of lading for the same are hereby pledged and hypothecated to Messrs. Baring Bros. & Co. as collateral security for the payment as above promised, . . . and shall be held subject to their order on demand, with authority to take possession... "
Weekly Notes of Cases Argued and Determined in the Supreme Court of ... - Página 392
1875
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American law reports annotated, Volume 25

1923
...as collateral security for the payment as above promised, and held subject to their order or demand, with authority to take possession and dispose of the same at discretion for their security or reimbursement." In the case of First National Bank v. Kelly, 57 NY 34, it was held...
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Atlantic Reporter, Volume 16

1889
...collateral security for the payment as above promised, and shall be held subject to their order on demand, with authority to take possession and dispose of the same at discretion, for their security and reimbursement.' The argument upon this provision rests upon the words 'pledged'...
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